Larger investors are almost twice as likely to underweight India than family offices, and both groups are wary of Turkey and Russia, according to research by Montana Capital Partners.
Firms hoping to tap high-net-worth capital on a grand scale must navigate regulation, due diligence and liquidity requirements, the firm's Joan Solotar tells PEI.
Institutions in the US and UK made 737 commitments to the asset class between Q1 and Q3, compared with 314 during this period last year, according to eVestment data.